Blackhole CLMM vs SushiSwap V3: Risk & Value Comparison
Blackhole CLMM
SushiSwap V3
Sector
DEX
DEX
Risk Score
41/100
40/100
Risk Grade
C+
C+
Value Score
25/100
14/100
Value Grade
D
D-
TVL
$26M
$55M
FDV
$7M
$57M
Mechanisms
6
7
Interactions
4
5
Quadrant
Weak
Weak
Risk Dimension Comparison
Mechanism Novelty/ 15
Blackhole CLMM
5
SushiSwap V3
2
Interaction Severity/ 20
Blackhole CLMM
10
SushiSwap V3
8
Oracle Surface/ 10
Blackhole CLMM
3
SushiSwap V3
2
Documentation Quality/ 10
Blackhole CLMM
3
SushiSwap V3
4
Track Record/ 15
Blackhole CLMM
6
SushiSwap V3
12
Scale Exposure/ 10
Blackhole CLMM
3
SushiSwap V3
3
Regulatory Risk/ 10
Blackhole CLMM
4
SushiSwap V3
2
Protocol Vitality/ 10
Blackhole CLMM
7
SushiSwap V3
7
Value Dimension Comparison
Fee Capture/ 25
Blackhole CLMM
7
SushiSwap V3
3
Token Distribution/ 25
Blackhole CLMM
6
SushiSwap V3
3
Emission Sustainability/ 25
Blackhole CLMM
5
SushiSwap V3
3
Competitive Moat/ 25
Blackhole CLMM
7
SushiSwap V3
5
Verdict
SushiSwap V3 is the safer protocol with a risk score of 40/100 (C+) compared to 41/100 (C+).
Blackhole CLMM has stronger value accrual (D, 25/100) compared to D- (14/100).